// Definition
The inability of cannabis businesses to access banking services due to federal prohibition. In the US, 25+ medical states had no federal banking framework; businesses operated cash-only, creating safety risks. In Canada, even federally licensed producers faced bank account closures. ATan (Berkeley Patients Group) was kicked out of 35 banks.
// From the Episode
Bubbleman's Blue River had accounts frozen by Royal Bank of Canada after applying for a credit card. The panel connected the banking crisis to real danger -- a veteran was murdered outside a Colorado dispensary because criminals targeted cash-heavy cannabis businesses. National Cannabis Industries Association was lobbying Congress on the SAFE Banking Act precursors.
// Source
Ep. 094 HASH CHURCH XCII 92 →